Bitcoin Surges To $97K, Gold Hits $3,300, What’s Fueling
Several markets were seen witnessing a major shift in sentiment. The world’s largest cryptocurrency, Bitcoin (BTC), and Gold were pocketing massive gains. The sudden uptick in the prices of these assets was related to macroeconomic events as well as changes in investor sentiment. Also Read: Goldman Sachs Predicts $3,700 Gold by Year-End Surge A Look Into The BTC Market Source: Watcher Guru The king coin has been struggling in terms of price. Bitcoin managed to rise all the way to a high of $109,114.88 in January 2025. But the asset failed to retain itself above the $100,000 mark. Recently, BTC jumped back above $90,000 after a long stay below this price level. The past 24 hours have been extremely bullish for the king coin as it rose by 2.28%. At the time of writing, BTC was trading at $96,552.21. Earlier today, the asset rose to a high of $97,625.81. Source: CoinMarketCap Bitcoin’s uptick comes around the same time the Federal Open Market Committee wrapped up its two-day me...